Industry Analysis

Sri Lanka’s Construction PMI Hits 59.5 in June, Highest in 30 Months

  • August 1, 2024

Sri Lanka’s Purchasing Managers’ Index for Construction (PMI – Construction) surged to 59.5 in June 2024, marking its highest value in 30 consecutive survey rounds. Respondents attributed this growth mainly to projects funded by multilateral agencies, particularly those related to road rehabilitation and water distribution. June saw a significant increase in new orders, indicating a

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Industry Analysis

Sri Lanka Launches GTEX2 with Swiss SECO to Boost Apparel Industry

  • July 4, 2024

The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase of the Global Program on Textile and Clothing (GTEX2), aimed at enhancing Sri Lanka’s apparel sector. This five-year program, running from 2024 to 2027, is funded by the Swiss Government and organized

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